LGD to Form Countermeasure Committee Led by Outside Directors Regarding Employee Death
Jung Ho-young President "Will Entrust All Processes to the Countermeasures Committee"
LG Display is forming an independent countermeasure committee led by outside directors to investigate the causes related to the recent death of an employee and to come up with solutions.
Jung Ho-young, CEO of LG Display, sent an email to all employees on the morning of the 23rd, requesting that an independent countermeasure committee be formed under the leadership of outside directors. The email also included an explanation stating, "We will entrust the entire process of clearly diagnosing the internal situation, identifying problems, and preparing fundamental solutions to the committee."
LG Display launched an internal investigation following claims that the recent death of employee A, who was found deceased along the Han River in Yeouido, Seoul, was an extreme choice due to excessive work burden. CEO Jung stated that he will not interfere with the committee and will transparently disclose the investigation results. He also expressed his stance that he will not evade responsibility if any is found.
CEO Jung also conveyed his apologies to the deceased and the employees, saying, "As the CEO managing the company, I am deeply reflecting on how much attention I have paid to employees' work and difficulties, and how sincerely the diagnosis and improvement of work methods have been carried out."
The police are investigating the circumstances of employee A's death, keeping various possibilities such as accidental falls open. LG Display officials are also scheduled to be questioned as witnesses.
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